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The hottest PTA morning comment of CSC futures on

2022-10-01

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CSC Futures: PTA morning comments on October 27

rose sharply on October 26, with the main contract 1001 breaking through 7500 yuan and important resistance. The micro Angel alliance helped run

PX of upstream raw material rose by $7 to $915/ton, forming a strong support for PTA. PTA's sharp rise yesterday was mainly boosted by the smooth application of 30 patents for polyester sales over the weekend. Prices rebounded sharply and polyester inventories also fell sharply. However, the high profit of PTA production leads to its high production load, which is still the main factor restricting the spot market at present

it is expected to open low and go up 10 today. It is suggested to buy on the low

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